New Delhi, July 16 -- India's chip ambitions are entering a new phase. With a Rs.1.27 trillion outlay for Semicon 2.0, the government is shifting its focus from attracting chip factories to building a complete semiconductor ecosystem-from design and research to equipment, materials and gases central to the chip industry. Can this help India move up the semiconductor value chain? Mint explores

The Union cabinet on Wednesday approved a Rs.1.27 trillion support package for the Semicon 2.0 project, expanding the push beyond chip manufacturing and assembly to the wider supply chain, including equipment, chemicals, gases and materials. This follows the first Rs.76,000 crore India Semiconductor Mission, launched in 2021, which supported 12 proj...